Fjarde AP Fonden Fourth Swedish National Pension Fund Has $130.20 Million Stake in Mastercard Incorporated $MA

Key Points

• Fjarde AP Fonden increased its stake in Mastercard by 1.0% in the fourth quarter, ending with 228,070 shares worth about $130.2 million. Mastercard is now its 14th-largest holding and makes up roughly 1.1% of the portfolio.
• Mastercard’s latest earnings beat expectations, with EPS of $4.60 versus the $4.41 estimate and revenue of $8.40 billion topping forecasts. Revenue rose 15.8% year over year, and analysts still expect full-year EPS of 19.6.
• Analyst sentiment remains generally positive, with an average rating of “Buy” and a consensus price target of $656.04. Recent commentary also highlighted resilient consumer spending and Mastercard’s push into open finance, stablecoins, and AI-related initiatives.

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 228,070 shares of the credit services provider's stock after acquiring an additional 2,280 shares during the quarter. Mastercard makes up approximately 1.1% of Fjarde AP Fonden Fourth Swedish National Pension Fund's portfolio, making the stock its 14th biggest position. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Mastercard were worth $130,201,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Mastercard by 820.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider's stock valued at $26,000 after acquiring an additional 41 shares in the last quarter. Tacita Capital Inc boosted its holdings in shares of Mastercard by 50.0% during the 3rd quarter. Tacita Capital Inc now owns 57 shares of the credit services provider's stock valued at $32,000 after acquiring an additional 19 shares in the last quarter. Foster Dykema Cabot & Partners LLC boosted its holdings in shares of Mastercard by 250.0% during the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider's stock valued at $32,000 after acquiring an additional 40 shares in the last quarter. Bay Harbor Wealth Management LLC boosted its holdings in shares of Mastercard by 54.1% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider's stock valued at $33,000 after acquiring an additional 20 shares in the last quarter. Finally, Birchbrook Inc. acquired a new stake in shares of Mastercard during the 4th quarter valued at $37,000. Institutional investors and hedge funds own 97.28% of the company's stock.

Mastercard Stock Performance

MA stock opened at $491.67 on Friday. The stock has a 50-day moving average price of $499.81 and a 200-day moving average price of $525.11. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $601.77. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56. The firm has a market cap of $434.43 billion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 1.50 and a beta of 0.74.

Mastercard (NYSE:MA - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. During the same period last year, the company posted $3.73 EPS. The business's quarterly revenue was up 15.8% on a year-over-year basis. As a group, equities research analysts expect that Mastercard Incorporated will post 19.6 earnings per share for the current year.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s CEO said spending growth has been holding up across all income bands, suggesting consumers remain resilient despite higher gas and food prices. That supports the outlook for payment volume and transaction growth. Mastercard CEO: Spending growth has been happening across all income bands
• Positive Sentiment: Mastercard is expanding its open finance ecosystem through a partnership with PaidBy, adding cross-border open banking payments, local-currency account-to-account transactions, and faster settlement. Can Mastercard Strengthen Its Open Finance Ecosystem With PaidBy?
• Positive Sentiment: News that Mastercard is adding stablecoins and broader settlement windows points to continued innovation in payments infrastructure, which could help the company capture more transaction flows and improve settlement efficiency. Mastercard adds stablecoins to payment settlement system
• Positive Sentiment: Mastercard’s leadership shake-up and AI-focused initiatives suggest management is trying to accelerate fintech growth and modernize the business, which investors may view as supportive of long-term expansion. Mastercard Leadership Shake-Up to Drive Fintech Growth
• Neutral Sentiment: Analysts and commentators continue to highlight Mastercard’s strong value-added services and high-return business model, but this is more of a long-term valuation argument than a direct near-term catalyst. Mastercard: Advanced DuPont Analysis Reveals Value-Added Services Are Built To Skyrocket The Share Price
• Negative Sentiment: Mastercard transactions in Cuba are set to be suspended, a reminder that geopolitical and sanctions-related issues can still disrupt some transaction volumes, though the financial impact is likely limited. Visa, Mastercard transactions in Cuba to be suspended, central bank says

Analyst Upgrades and Downgrades

MA has been the subject of several analyst reports. Weiss Ratings lowered Mastercard from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, April 24th. Morgan Stanley reaffirmed an "overweight" rating and set a $679.00 target price on shares of Mastercard in a research report on Friday, May 1st. BNP Paribas Exane raised Mastercard from a "neutral" rating to an "outperform" rating and set a $600.00 target price for the company in a research report on Thursday, March 19th. Susquehanna lowered their target price on Mastercard from $670.00 to $665.00 and set a "positive" rating for the company in a research report on Friday, May 1st. Finally, Truist Financial lowered their target price on Mastercard from $590.00 to $561.00 and set a "buy" rating for the company in a research report on Tuesday, May 12th. Six investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Mastercard currently has an average rating of "Buy" and an average target price of $656.04.

Mastercard Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.